Studio · 410 sqftMAG 555, Dubai South · 4th floor · completed 2020

415, MAG 555

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 415 · DLD and Ejari recordsUpdated 7 November 2025
Last soldAED 300K3 October 2023
Current rentAED 42K /yr7 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 415, MAG 555

What is 415 worth today?

Last sold for AED 300,000 in 2023

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7 Nov 2025RentedNew contract
AED 42,000/yr12 months · AED 103 per sqft
1 Jan 2025RentedRenewal
AED 38,000/yr12 months · AED 93 per sqft
6 Aug 2024RentedNew contract
AED 28,600/yr12 months · AED 70 per sqft
1 Jan 2024RentedRenewal
AED 19,000/yr12 months · AED 46 per sqft
3 Oct 2023SoldReady
AED 300,000AED 732 per sqft
6 Aug 2023RentedNew contract
AED 26,000/yr12 months · AED 64 per sqft
1 Jan 2023RentedRenewal
AED 19,000/yr12 months · AED 46 per sqft
1 Jan 2022RentedRenewal
AED 17,000/yr12 months · AED 42 per sqft

Source: Dubai Land Department. Updated 7 November 2025.

Key facts

Type
Studio apartment
Size
410 sqft
Floor
4th of 6
Parking
G-81
Developer
MAG
Completed
2020
Service charge
AED 6,100 /yr
Last sold
AED 300K · October 2023
Building
MAG 555

About 415, MAG 555

415 is a studio of 410 sqft on the 4th floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 3 October 2023 for AED 300,000, or AED 732 per sqft, in line with the AED 732 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 8 Ejari contracts. The current contract, signed on 7 November 2025, is AED 42,000 a year: a gross yield of 14.0% on the 2023 price, before the service charge of about AED 6,100 a year.

Sales and rents for 415 over time

Sales
Unit 415, each saleTypical studio in MAG 555
300K400K500K2017202020232026Typical sale price by year: 2017 AED 353,035; 2018 AED 365,000; 2019 AED 374,555; 2020 AED 316,750; 2023 AED 300,000; 2024 AED 400,000; 2025 AED 425,000; 2026 AED 473,500Sold by developer, October 2017: AED 395,000 (AED 963 per sqft)Sold, October 2023: AED 300,000 (AED 732 per sqft)

415 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 415, each contractTypical studio in MAG 555
20K40K20192021202320252027Typical rent by year: 2019 AED 25,000; 2020 AED 19,000; 2021 AED 18,000; 2022 AED 20,000; 2023 AED 25,000; 2024 AED 34,000; 2025 AED 40,000; 2026 AED 39,000New contract, January 2021: AED 16,000 a yearRenewal, January 2022: AED 17,000 a yearRenewal, January 2023: AED 19,000 a yearNew contract, August 2023: AED 26,000 a yearRenewal, January 2024: AED 19,000 a yearNew contract, August 2024: AED 28,600 a yearRenewal, January 2025: AED 38,000 a yearNew contract, November 2025: AED 42,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in MAG 555, and where 415 sits

All 60 studios →

415 last sold in October 2023 at AED 732 per sqft, in line with what studios in MAG 555 were fetching at the time (AED 732). Over the last 12 months studios sold for AED 445,000 to 540,000, around AED 1,306 per sqft, and rent for AED 31,500 to 45,000 a year. 415's AED 42,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Aug 2026445,000
4 Jun 2026467,000
16 Feb 2026540,000
30 Jan 2026480,000
4 studio sales in the last 12 months

MAG 555

Building

129 apartments, studios to 2-bed over 6 floors in Dubai South, completed in 2020 by MAG. 13 sold in the last 12 months.

Typical price per sqft
AED 1,265 Up 15.3%
Typical sale
AED 590K
Typical rent
AED 43K /yr
Typical yield
7.7%
MAG 555, Dubai South: prices, sales and rents →

Other units on the 4th floor

All 129 units in MAG 555
Value
4011-bedAED 490K · Nov 2024
402StudioAED 360K · Sep 2019
403StudioAED 480K · Jan 2026
4041-bedAED 590K · Oct 2026
4052-bedAED 595K · Oct 2019
4061-bedAED 325K · Dec 2022
407StudioAED 355K · Oct 2017
1–7 of 21

415, MAG 555 in numbers

  • Sold twice: first on 15 October 2017 for AED 395,000, last on 3 October 2023 for AED 300,000 (AED 732 per sqft).
  • Rented since January 2021 on 8 Ejari contracts, from AED 16,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2023 price is 14.0%, before a service charge of about AED 6,100 a year (AED 14.96 per sqft).
  • Studios in MAG 555 sold for AED 445,000–540,000 in the 12 months to November 2026; the building's median across all types is AED 1,265 per sqft.

Source: Dubai Land Department. Updated 7 November 2025.

Questions about 415, MAG 555

What did unit 415 last sell for?

AED 300,000 on 3 October 2023: AED 732 per sqft for 410 sqft. The unit has 2 registered sales; the first was AED 395,000 in October 2017.

What is the rent for unit 415?

AED 42,000 a year on the contract signed on 7 November 2025. The previous contract, from January 2025, was AED 38,000; the unit has been rented since January 2021.

How big is unit 415?

410 sqft (38.1 sqm): a studio on the 4th floor of a 6-storey tower completed in 2020.

What is unit 415 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 555 sold for AED 445,000 to 540,000 in the last 12 months, around AED 1,306 per sqft.

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Mortgage on 415, MAG 555

Starts from the last sale price (AED 300K, 3 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →